Chinese, to manufacturers of electric vehiclesHe called on them to keep their advanced technologies in their own countries. Chinese companieswill produce key components in China at their overseas factories and will carry out final assembly in their target markets.

While the Chinese government is encouraging major automakers, especially BYD and Chery, to invest abroad, keeping production within the country’s borders he wants. BYD’s $1 billion investment plan in Turkey is an example of this strategy.

The investment focused on local production and assembly

Chery announced plans to invest in countries including Thailand, Spain and Hungary. Establishment of a factory in Turkey is in negotiations. The new factory that BYD will establish in Turkey will produce 150,000 units per year. production capacity of vehicles and will provide employment for 5,000 people.

This call by the Chinese government aims to limit the spread of electric vehicle technologies in international markets. Chinese car manufacturersIt appears that it will focus on optimizing local production and assembly processes by rethinking its strategies within the framework of these regulations.